Betfair/Flutter newspaper stuff

News, chat and debate about the Betfair betting exchange.
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megarain
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Couldn't find a better place to put this :

Shows the health of the eco-system etc.

https://www.irishtimes.com/business/wor ... -1.4851905
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Naffman
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I imagine the main reason for these shops remaining open in the future is for advertising, they'll probably have mobile sign up offers on the windows
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megarain
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As cash becomes a distant memory, I suspect betting shops also will.

I don't really understand why Star Sports are buying/refurbing etc. Maybe just more brand awareness before Ben sells.
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ShaunWhite
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megarain wrote:
Sat Apr 16, 2022 6:51 pm
As cash becomes a distant memory, I suspect betting shops also will.
Not surprised really, I spent many years in the bookies when there was no alternative. But why sit in vinyl tile wonderland with your crap vending machine coffee when you can sit in comfort on your phone in a nice cafe next door or at home ?

And its not like it's the only place to watch dog and horse races either which used to be the #1 main draw. Betfair TV put another nail in the coffin by taking away their USP in a heartbeat.
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wearthefoxhat
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ShaunWhite wrote:
Sun Apr 17, 2022 12:32 am
megarain wrote:
Sat Apr 16, 2022 6:51 pm
As cash becomes a distant memory, I suspect betting shops also will.
Not surprised really, I spent many years in the bookies when there was no alternative. But why sit in vinyl tile wonderland with your crap vending machine coffee when you can sit in comfort on your phone in a nice cafe next door or at home ?

And its not like it's the only place to watch dog and horse races either which used to be the #1 main draw. Betfair TV put another nail in the coffin by taking away their USP in a heartbeat.
Adapt or die.

The betting office could still be exist in the next 10/20years, if it evolved into the form/style of an internet cafe to attract and keep regular customers. With a tweak in technology, access to the exchanges alongside their own betting products could all improve the customer experience by serving food and beverages as well.

It could look like a trading office and maybe charge an entry fee or membership option that covers the food/drinks/access to technology. They could access the exchange feed with the display individually tailored for each customer... (VR headset?)

All this could appeal to the younger generation as the old guard drop away one by one. The staffing would be more geared to tech support and customer services.

Individual cash betting terminals with cash membership cards could work with winnings taken in cash from an ATM. The UK casinos already have cash membership cards, although the cash can only be withdrawn from their cashiers. The card can be used online on their website too.

If the world of crypto could finally get a cash card system that converted crypto to Fiat at an ATM or when purchasing normal stuff at a till, then that would be a game changer too. In this way it wouldn't be a far stretch to use crypto in betting offices.

Of course affordability checks could be the ultimate death knell, time will tell.
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